GOLDSTON, W. L. ET AL

Name: GOLDSTON, W. L. ET AL lease production and value, Feb 1997 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MILAGRO EXPLORATION, LLC (P-5 566789) in the LOS INDIOS, W. (MF-22) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 162067District 04Field 54962360GasSave Export

Value, all time

$1.6 M

Feb 1997 – Mar 2010

Value, last 12 filed months

$43

at the published price for each month

Months reported

158

no gaps in the span

Streams

gas

The LOS INDIOS, W. (MF-22) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 6 leases and 6 wells, and the rule below applies to all of them.

Discovered

1976-12-08

as the register files it

Field class

Gas

the register's own label

Between wells

1,200 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1977-08-01.

The Commission's schedule remark for this field reads: “ONE WELL FIELD EFFECTIVE 12-1-97.”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Gas	Production	573,735 Mcf	$1,602,480
Total			$1,602,480

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 26.6516, -98.1641. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

26.65159, -98.16413 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

7,265 ft

1 wells filed one

Completion to plug

13.1 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,265 ft.

Completions filed

Feb 1997

1 of 1 wells

Plug dates filed

Mar 2010

1 of 1 wells

Last completion to plug: a median of 13.1 years across the 1 well that filed both dates, with the middle half between 13.1 years and 13.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-21500042	11	7,265 ft	Feb 1997	Mar 2010	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (158)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

158 months


Mar 2010	0	78.39	4.39	$0
Feb 2010	0	73.58	5.44	$0
Jan 2010	0	74.36	5.96	$0
Dec 2009	0	71.44	5.48	$0
Nov 2009	0	74.59	3.75	$0
Oct 2009	0	72.54	4.11	$0
Sep 2009	0	65.54	3.06	$0
Aug 2009	0	67.42	3.22	$0
Jul 2009	0	61.13	3.46	$0
Jun 2009	0	66.16	3.90	$0
May 2009	11	54.74	3.93	$43
Apr 2009	0	46.77	3.59	$0
Mar 2009	0	42.14	4.06	$0
Feb 2009	0	32.81	4.63	$0
Jan 2009	0	35.86	5.37	$0
Dec 2008	0	37.10	5.98	$0
Nov 2008	0	55.49	6.86	$0
Oct 2008	0	75.24	6.92	$0
Sep 2008	0	101.76	7.88	$0
Aug 2008	0	114.22	8.48	$0
Jul 2008	0	131.08	11.39	$0
Jun 2008	0	131.33	13.03	$0
May 2008	0	123.17	11.57	$0
Apr 2008	4	110.31	10.45	$42
Mar 2008	55	101.90	9.66	$532
Feb 2008	0	92.53	8.77	$0
Jan 2008	0	90.38	8.21	$0
Dec 2007	0	88.33	7.30	$0
Nov 2007	0	91.67	7.29	$0
Oct 2007	6	82.85	6.92	$42
Sep 2007	0	75.84	6.24	$0
Aug 2007	0	69.06	6.39	$0
Jul 2007	0	70.90	6.39	$0
Jun 2007	22	62.00	7.55	$166
May 2007	0	58.74	7.85	$0
Apr 2007	0	59.61	7.81	$0
Mar 2007	0	56.92	7.30	$0
Feb 2007	0	55.10	8.22	$0
Jan 2007	21	50.30	6.73	$141
Dec 2006	0	56.65	6.92	$0
Nov 2006	0	54.20	7.62	$0
Oct 2006	5	54.90	6.01	$30
Sep 2006	0	60.08	5.04	$0
Aug 2006	5	68.71	7.34	$37
Jul 2006	16	69.37	6.34	$101
Jun 2006	16	66.28	6.38	$102
May 2006	1	66.01	6.42	$6
Apr 2006	0	64.39	7.36	$0
Mar 2006	0	56.70	7.08	$0
Feb 2006	0	57.59	7.75	$0
Jan 2006	0	60.59	8.93	$0
Dec 2005	1	54.94	13.42	$13
Nov 2005	1	54.69	10.59	$11
Oct 2005	0	58.34	13.80	$0
Sep 2005	22	61.45	12.08	$266
Aug 2005	344	61.51	9.80	$3,370
Jul 2005	573	55.69	7.84	$4,494
Jun 2005	670	52.33	7.38	$4,945
May 2005	688	45.22	6.65	$4,576
Apr 2005	637	49.20	7.36	$4,689
Mar 2005	491	50.37	7.15	$3,513
Feb 2005	462	45.22	6.31	$2,916
Jan 2005	666	43.16	6.32	$4,211
Dec 2004	445	39.86	6.75	$3,004
Nov 2004	615	45.28	6.33	$3,893
Oct 2004	647	49.70	6.52	$4,215
Sep 2004	543	43.24	5.28	$2,869
Aug 2004	628	42.37	5.55	$3,486
Jul 2004	575	38.28	6.08	$3,498
Jun 2004	502	36.10	6.43	$3,229
May 2004	1,187	37.48	6.49	$7,709
Apr 2004	537	34.47	5.86	$3,146
Mar 2004	560	34.36	5.53	$3,097
Feb 2004	420	32.45	5.51	$2,314
Jan 2004	526	32.03	6.30	$3,314
Dec 2003	689	30.26	6.30	$4,342
Nov 2003	590	28.80	4.60	$2,711
Oct 2003	605	28.17	4.76	$2,880
Sep 2003	599	26.31	4.75	$2,845
Aug 2003	676	29.76	5.13	$3,468
Jul 2003	739	29.41	5.17	$3,821
Jun 2003	541	28.56	5.98	$3,237
May 2003	582	26.59	5.97	$3,476
Apr 2003	610	26.67	5.41	$3,298
Mar 2003	719	31.14	6.10	$4,383
Feb 2003	675	33.48	7.93	$5,350
Jan 2003	588	30.31	5.58	$3,282
Dec 2002	568	26.91	4.85	$2,757
Nov 2002	659	24.66	4.14	$2,726
Oct 2002	932	26.46	4.23	$3,942
Sep 2002	848	27.44	3.64	$3,083
Aug 2002	643	25.96	3.16	$2,035
Jul 2002	665	24.58	3.06	$2,036
Jun 2002	946	23.73	3.34	$3,158
May 2002	897	24.66	3.58	$3,215
Apr 2002	1,001	23.65	3.51	$3,516
Mar 2002	1,192	22.00	3.10	$3,698
Feb 2002	1,096	18.22	2.38	$2,604
Jan 2002	1,288	17.17	2.38	$3,060
Dec 2001	1,350	16.93	2.36	$3,192
Nov 2001	1,528	18.07	2.41	$3,676
Oct 2001	1,280	19.78	2.53	$3,237
Sep 2001	1,568	24.26	2.25	$3,530
Aug 2001	1,974	24.87	3.05	$6,027
Jul 2001	2,196	23.93	3.20	$7,021
Jun 2001	2,258	24.56	3.82	$8,635
May 2001	2,560	25.52	4.31	$11,027
Apr 2001	2,581	24.68	5.34	$13,770
Mar 2001	2,936	24.54	5.38	$15,785
Feb 2001	2,736	27.75	5.77	$15,779
Jan 2001	3,340	27.47	8.40	$28,052
Dec 2000	3,783	26.88	9.12	$34,510
Nov 2000	4,078	32.21	5.66	$23,073
Oct 2000	4,991	31.23	5.15	$25,681
Sep 2000	4,860	31.87	5.19	$25,206
Aug 2000	5,462	29.64	4.54	$24,802
Jul 2000	6,725	28.53	4.09	$27,504
Jun 2000	7,550	29.30	4.40	$33,199
May 2000	6,231	27.26	3.68	$22,929
Apr 2000	5,291	24.51	3.12	$16,487
Mar 2000	6,154	28.42	2.86	$17,599
Feb 2000	6,220	27.62	2.73	$16,959
Jan 2000	6,875	25.27	2.48	$17,053
Dec 1999	7,147	24.28	2.42	$17,322
Nov 1999	7,664	23.19	2.43	$18,654
Oct 1999	9,034	20.98	2.80	$25,329
Sep 1999	9,563	21.75	2.62	$25,044
Aug 1999	11,239	19.26	2.88	$32,319
Jul 1999	10,606	17.89	2.37	$25,161
Jun 1999	11,097	15.94	2.36	$26,212
May 1999	10,490	15.79	2.32	$24,348
Apr 1999	9,518	15.10	2.21	$21,016
Mar 1999	10,376	12.47	1.84	$19,075
Feb 1999	9,849	9.98	1.82	$17,903
Jan 1999	11,226	10.38	1.90	$21,329
Dec 1998	12,227	9.20	1.77	$21,682
Nov 1998	12,441	10.89	2.19	$27,193
Oct 1998	12,714	12.42	1.97	$25,037
Sep 1998	11,137	12.59	2.08	$23,194
Aug 1998	11,376	11.30	1.91	$21,698
Jul 1998	12,121	11.74	2.24	$27,118
Jun 1998	14,869	11.24	2.24	$33,266
May 1998	16,803	12.62	2.21	$37,073
Apr 1998	9,592	13.04	2.51	$24,031
Mar 1998	11,842	12.80	2.31	$27,348
Feb 1998	12,560	13.95	2.30	$28,877
Jan 1998	14,085	14.70	2.15	$30,350
Dec 1997	14,012	16.32	2.41	$33,784
Nov 1997	15,335	18.19	3.09	$47,358
Oct 1997	16,207	19.25	3.15	$51,049
Sep 1997	14,446	17.74	2.95	$42,686
Aug 1997	17,432	17.86	2.55	$44,534
Jul 1997	18,050	17.58	2.25	$40,557
Jun 1997	18,330	17.24	2.26	$41,374
May 1997	18,835	18.97	2.31	$43,481
Apr 1997	18,781	17.88	2.08	$39,117
Mar 1997	20,168	18.95	1.94	$39,109
Feb 1997	7,786	20.49	2.21	$17,175

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2009 — as filed, then multipliedworked

Gas                   11 Mcf  × $  3.93 =        $43

────────────────────────────────────────────────────
Month total                                      $43

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/162067 is the state's own key, not one this site invented.